Kazakhstan approved draft treaty on trade and economic cooperation with Azerbaijan
Baku/16.08.22/Turan: By its resolution the Kazakh government has approved a draft treaty on trade and economic cooperation with Azerbaijan, KazTAG reported.
According to the draft agreement, "each party creates favorable conditions for cooperating business entities in the territory of its state and in accordance with the laws of its state, and refrains from actions that might prejudice the interests of the other party". Besides, the parties "promote the establishment of direct contacts between business entities, regardless of organizational and legal forms and form of ownership.
"The agreement between the Government of the Republic of Kazakhstan and the Government of the Republic of Azerbaijan on trade and economic cooperation is a framework document which lays the foundation for cooperation in such areas as trade, investment, entrepreneurship, protection of the balance of payments, and is aimed at further development and strengthening of existing bilateral trade and economic relations between the parties," - says the explanatory note to the document.-0-
-
- Politics
- 16 August 2022 13:40
Economics
-
The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
-
The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
-
As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
-
Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
Leave a review